Golden Age Resources, Inc. announced a new, signed Letter of Intent with a Mexican land owner for a 20 year land lease contract for the company's first Mexican cogeneration power plant. The company announced that they have signed a Letter of Intent for the first 20,000 m2 on a 20 year lease land contract to build a complete, privately owned, cogeneration power plant with a 100 kw biomass to energy facility built as a scalable WTE (Waste to Energy) plant with a 2 mW/hr output by using organic municipal and/or sisal waste. Construction for the plant is scheduled to begin in fourth quarter of 2015.

An agreement was also signed as first rights to an additional 780,000 m2 of land adjacent to the initial land agreement to expand the 'green' energy facilities as a part of the company's Multiple Plant Expansion Process. In Mococha, Yucatan, an additional land agreement was signed, that will grant the company access to 20,000 m2 of land. This added land agreement is currently being planned to build a 500 kw/h WTE Energy Plant by using sisal waste.